.

Imagine that you deposit $6,000 a year, starting one year from today, for four years into a savings account paying 6% per annum.

ELEN [110]

Answer:

$26,247.696

Explanation:

The table is shown below:

Year Opening Balance Deposit Aggregate Interest @6% Total including interest

1 0 $6,000 $6,000 $360 $6,360

2 $6,360 $6,000 $12,360 $741.6 $13,101.6

3 $13101.6 $6,000 $19,101.6 $1,146.096 $20,247.696

4 $20,247.7 $6,000 $26,247.696 $1,574.862 $27,822.55776

6 0

3 years ago

How has the internet affected the way interest groups do grass-roots lobbying?

RUDIKE [14]

<span>With the onset of the internet and online means of outreach, interest groups and lobbying efforts have become more widespread and efficient in reaching an array of individuals. Given the ability to communicate with thousands or more at a time, they have been better able to frame and promote their interests.</span>

7 0

4 years ago

The tiny South Pacific island country of Maroji produces a lot of milk and milk-based products. To protect this industry, Maroji

Korvikt [17]

This is an example of a(n) Import Quota .

<h3><u>Explanation:</u></h3>

A restriction in direct manner that controls the quantity of goods that is being imported to a country refers to the import quota. This restrictions is imposed by the issue of an import license to a firm or a group of firm or even individual. The main aim of these import quota is to enhance the domestic producers to gain advantage through the limitations in competition that arises form importing.

In the given scenario, the company name Maroji involves in the production of a lot of milk and milk-based products. The company then makes it compulsory for only some of the companies to import cheese with the allocated right in the importing of a maximum number of pounds of cheese each year. This acts as an example of Import Quota .

6 0

3 years ago

Discuss whether consumers will gain or lose from trade in the following cases below:________

anygoal [31]

Answer:

a. Gain

b. Lose

Explanation:

a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.

b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.

5 0

4 years ago

Kevin heads the production department of a factory that manufactures hardware equipment. He wants to install a new machine to re

mojhsa [17]

A............ . .………

5 0

4 years ago